Global hospitality marketplace Airbnb will expand its business in Indonesia as it considers the country to be one of the most important markets in the Asia-Pacific. Airbnb’s country manager for Southeast Asia, Hong Kong, and Taiwan, Robin Kwok, said that Indonesia is one of the fastest growing countries … Continue reading →
State-owned lender Bank Negara Indonesia (BNI) has signed an agreement with 15 other banks to finance the construction of a 39.29-kilometer toll road from Pemalang to Batang—two cities in Central Jakarta. The syndicated loan agreement of the 16 banks was signed on … Continue reading →
The Public Works and Public Housing Ministry will commence bidding soon for three irrigation projects to help farmers in Pamukkulu in South Sulawesi, Sidan in Bali and Way Apu in Papua increase productivity. Bidding for the projects were intended to … Continue reading →
The Indonesian Government provided a guarantee in the ease of business for the investors who plant their assets in special economic zones. In the tourism sector, Tourism Minister Arief Yahya explained that the government plans to restore a number of infrastructures … Continue reading →
Manado International Conference on Tourism (Invest Manado) held by the Investment Coordinating Board (BKPM) has resulted in business agreements worth US$400 million. The BKPM chairman Thomas Lembong reveals that the business agreements prove that Indonesia’s tourism sector is developing nicely. … Continue reading →